The Final Reporting Rule, which implements Section 6403 of the Corporate Transparency Act (CTA), has been amended in certain ways by this final rule....
Who is considered a beneficial owner?
The definition of beneficial owner changes according to the geographies. But by and large, it refers to the person...
In an interesting development, the Ministry of Company Affairs which governs the registrations of the companies in India identified 18 more companies which are...
Shell Companies is a Buzz word in the Indian compliance professionals. There is significant activity in the Indian Corporate world. The Revenue authorities have...
Regulator Securities and Exchange Board of India (SEBI) has ordered an audit of three more firms
Mumbai Based Indian Infotech and Software, which was...
India's Stock Markets regulator, Securities Exchange Board of India (SEBI) has ordered forensic audit of three firms
Mumbai Based Trinity Tradelink,
Chennai based Info–Drive...
Indian Securities regulator imposed restrictions on 331 shell companies, out of which more than 40% are registered in Kolkata alone.
Why Kolkata ?
Kolkata is a...